Slovenia's Petrol plans to cut dividend to 12.35 euros per share

Petrol dd Ljubljana

27/02/2017 11:32

LJUBLJANA, Feb 27 (Reuters) - Slovenia's largest fuel 
retailer Petrol  PETG.LJ  plans to cut its dividend to 12.35 
euros ($13.07) per share from the 12.60 euros paid last year, it 
said on Monday. 
    The payment has to be approved by shareholders at a meeting 
on April 6, the company said. 
    Petrol said earlier in February that it had increased its 
2016 group net profit by 11 percent to 72.7 million euros on 
sales up by 1 percent.  urn:newsml:reuters.com:*:nL8N1G25YY 
 ($1 = 0.9452 euros) 
 
 (Reporting by Marja Novak and Maja Zuvela; Editing by David 
Goodman) 
 ((maja.zuvela@thomsonreuters.com; +387 33 295 485; Reuters 
Messaging: maja.zuvela.thomsonreuters.com@reuters.net)) 
 
Keywords: PETROL DIVIDEND/